Which of the Following Accounts Could Have a Non-Zero Balance

question 10

Multiple Choice

Which of the following accounts could have a non-zero balance on a post-closing trial balance?

• A)Salaries and Wages Expense
• B)Premium on Bonds Payable
• C)Income Tax Expense
• D)Interest Expense

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Definitions:

Charismatic Leaders

Are leaders who inspire and motivate followers through their innate charm, persuasion, and the articulation of a compelling vision.

Communicating Vision

The process of sharing and explaining a clear, inspirational future state of an organization or project to stakeholders to align efforts.

Transformational Leadership

A leadership style that focuses on inspiring and motivating followers to exceed expectations by emphasizing vision, communication, and a strong organizational culture.

Attribution Theory

The theory that explains how individuals pinpoint the causes of their own and others' behavior and events; it describes the cognitive process of attributing causes to events and behaviors.